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Proposition APILOT POINT ISD (Denton County)
PASSEDPILOT POINT ISD 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 PILOT POINT ISD Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 128 (57.1%)AGAINST: 96 (42.9%)
Total Ballots Cast on Proposition: 224
Authorized Bond Debt
$3.7M
Total 30-Yr Repayment
$5.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes PILOT POINT ISD to issue $3,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR PILOT POINT ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.